# Master Trust share price today (Master Trust Ltd, NSE: MASTERTR)

> Master Trust share price today: ₹78.44 at the NSE close on 3 November 2026, down 40.2% in a year. Master Trust (NSE: MASTERTR) is worth ₹965 crore, trades at a P/BV of 1.2 and has closed between ₹59.46 and ₹128.45 over the past 52 weeks. > Master Trust Ltd's share price has fallen more than its earnings. Earnings per share fell 12.4% in a year while the price moved −40.2%. MASTERTR · Finance & Investments - Others · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/master-trust-ltd

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## Key numbers

- Business trend: Mixed, from the last 12 quarters
- Price: ₹78.44 (−40.2% in a year)
- P/BV: 1.2× (higher than 63% of the last 11 years)
- Revenue (Jun 2026): ₹150 Cr (+13.6% on a year ago)
- Profit (Jun 2026): ₹35.0 Cr (+29.6% on a year ago)
- Net margin: 23.3% (+2.8 points on a year ago)
- ROE: 17%, FY26
- ROA: 6.01%, latest

The main question: yearly earnings per share moved −12.4% while the share price moved −40.2%. ## What is the Master Trust share price today? Master Trust Ltd's share price was ₹78.44 at the close on 3 November 2026. It has been falling for 54 weeks. That is 12.6% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹59 and ₹128, and at that close it sat 28% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 1 week in a row. Over the last 11 years the share price moved +1,746% while the NIFTY 500 moved +241%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Master Trust this quarter? One change stood out: number of shareholders up 37% in a year. 1. Number of shareholders up 37% in a year 13,925 shareholders in the September 2026 quarter, against 10,163 a year earlier. ## What are Master Trust's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Master Trust reported total income of ₹150 crore, up 13.6% from ₹132 crore a year earlier, and a profit of ₹35.0 crore, up 29.6% from ₹27.0 crore. ### Master Trust results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Total income | ₹150 crore | ₹132 crore | +13.6% |
| Profit | ₹35.0 crore | ₹27.0 crore | +29.6% |
| Earnings per share | ₹2.82 | ₹2.41 | +17.0% |
| Net margin | 23.3% | 20.5% | +2.8 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Master Trust's management discussed these results on a call held on 29 September 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Income and profit in ₹ crore.)

## What is the Master Trust share price history? Master Trust closed at ₹78.44 on 3 November 2026, down 40.2% from ₹131.25 a year earlier (31 October 2025) and up 244.2% over five years. Its highest weekly close since March 2016 was ₹191.81 on 23 August 2024. ### Master Trust share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹75.26 | +4.2% |
| 1 month ago · 1 Oct 2026 | ₹81.38 | −3.6% |
| 6 months ago · 30 Apr 2026 | ₹82.03 | −4.4% |
| 1 year ago · 31 Oct 2025 | ₹131.25 | −40.2% |
| 3 years ago · 3 Nov 2023 | ₹70.38 | +11.5% |
| 5 years ago · 4 Nov 2021 | ₹22.79 | +244.2% |
| 10 years ago · 4 Nov 2016 | ₹3.12 | +2,414.1% |
| Earliest weekly close in our records · 15 Mar 2016 | ₹4.25 | +1,745.6% |
| Highest weekly close since March 2016 · 23 Aug 2024 | ₹191.81 | −59.1% |
| Lowest weekly close since March 2016 · 2 Feb 2017 | ₹2.31 | +3,295.7% |
| 52-week high (weekly close) · 5 Dec 2025 | ₹128.45 | −38.9% |
| 52-week low (weekly close) · 27 Mar 2026 | ₹59.46 | +31.9% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (549 weekly closes from 15 March 2016 to 3 November 2026.)

## What is the latest news on Master Trust? 3 Nov 2026: Master Trust closed at ₹78.44, up 4.2% on the week and down 3.6% on the month. 29 Sep 2026: Master Trust held its results call for April to June 2026. Management guided: Current quarter expected to deliver reasonable on the previous quarter and on a year earlier profit and profit before tax growth despite regulatory volume pressure. ### Earlier

- Results for April to June 2026: Total income up 13.6% and profit up 29.6% on a year earlier. ## What dividend does Master Trust pay? Master Trust has paid no dividend on the NSE since 1 April 2021, the start of the period we checked. Not in its latest year. Master Trust Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 2 of its last 13 reported years, so there is a history but no current dividend. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Master Trust management say on the latest results call? On the call for April to June 2026, held on 29 September 2026, Master Trust's management guided: Current quarter expected to deliver reasonable on the previous quarter and on a year earlier profit and profit before tax growth despite regulatory volume pressure. > “We simply want to take a breather right now, given the competitive intensity from all angles, whether it is the number of AMCs entering the market, cost pressures, or issues relating to fund-raising capability.”
> Punit Singhania, on the call for April to June 2026

### What management guided

- MTF book to expand by approximately ₹150 crore over 6-8 months, funded partly by a planned ₹75 crore NCD at 10.5% in mid-October. - Retail algo launch planned around Diwali; algo and chart-based trading to become mainstream over 3-6 months. - Clearing business to scale over two years; 18-19% ROC model from 15-16% interest plus 1-2% float and clearing income. - From March 31 next year, 50%-margin bank guarantees become unavailable to brokers. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/1362-29-Sep-2026.pdf). (From the call for April to June 2026, 29 September 2026.)

## What to watch in Master Trust's next results? When Master Trust reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: MTF capacity build and funding raise - check whether expanded funding is deployed without weaker economics. - What to check (from the call)
- MTF capacity build and funding raise - check whether expanded funding is deployed without weaker economics. - Retail algo and chart-based trading rollout - check launch completion and early cross-sales contribution. - Clearing beyond soft launch - check FPI, AIF and PMS onboarding plus funding activity. - AMC return timing - check whether capital allocation and competitive conditions keep the pause intact. ## Which stock lists is Master Trust on? Master Trust is on one of our India lists: Penny stocks. [Penny stocks Earnings growth, 12 months (%): -1.36](https://www.sectoralpha.in/penny-stocks-india)

## Is Master Trust profitable? Master Trust Ltd earned ₹35.0 Cr of net profit in the Jun 2026 quarter, +29.6% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹126 Cr. Over 10 years profit has grown 41.2% a year on average. That is 23.3% of the quarter's revenue. The same quarter a year earlier earned ₹27.0 Cr. For the full year, FY26 profit was ₹126 Cr (−3.8% on the year before). Why profit moved: revenue changed +13.6% on a year earlier and the margin moved +2.8 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +12.2% and revenue +9.3%. Profit and revenue are moving at about the same pace. ## How much revenue does Master Trust make, and is it growing? Master Trust Ltd reported ₹150 Cr of income in the Jun 2026 quarter, +13.6% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 10 years it has grown 18.7% a year on average. The last full year, FY26, came in at ₹576 Cr. The last four reported quarters add to ₹595 Cr. FY26 revenue was ₹576 Cr, −1.4% on the year before. Recent pace: the last four quarters grew +9.3% on average, against 18.7% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +7.0%, against +2.3% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +8.1%, against +4.0% a year (accelerating). ## How much does Master Trust keep from what it earns? Master Trust Ltd's net margin was 23.3% in the Jun 2026 quarter, 2.8 percentage points higher than the same quarter a year ago. Across 13 years it has been between 3.8% and 22.4%. The latest quarter is above every full year in that period. Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. ## How many of Master Trust's loans have gone bad? Master Trust Ltd does not report loan-quality figures this page can read, so this section says so rather than guess. No bad-loan figures are filed in a form this page can read, and none are guessed from the profit line. The income, margin and return sections carry what this business does report. Why: loan quality drives a lender, but its details (new bad loans, recoveries, money set aside) are not in our data for this company. The sections around this one carry what we can back up. ## How fast is Master Trust's loan book growing? Master Trust Ltd's revenue was ₹576 Cr in FY26, −1.4% on the year before, so the loan book is not growing. The latest quarter was +13.6% on a year earlier. The net margin on that income is 23.3%, +2.8 percentage points on a year ago. Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year. In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Gross NPA is the loan-quality figure this page uses. ## What is Master Trust's P/BV ratio, and how does it compare with its own history? Master Trust Ltd's P/BV is 1.2×, in the middle of its own history: higher than 63% of past readings. Its usual P/BV (the middle reading) is 0.8×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year book value grew while the price moved −40.2%. Price and book value moved together, so the multiple stayed in its range. Where the price move came from: over 5 years the price moved +28.0% a year; about +21.6% a year came from book-value growth and about +6.4 percentage points from the multiple (the market paying more); over 10 years the price moved +38.1% a year; about +17.9% a year came from book-value growth and about +20.2 percentage points from the multiple (the market paying more). The split is approximate (price return minus book-value growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the book value trend underneath matters more than the multiple. ## Is the Master Trust business getting better or worse? Master Trust Ltd's business is giving mixed signals. There is no clear direction across the growth lines, with ROE steady at 16.4%; each line tells part of the story. This is based on 12 quarters of 4 measures. Why it matters: when the lines disagree, each line above matters more than any single label. ## How much does Master Trust earn on its equity and assets? We do not have a clean yearly return-on-equity history for Master Trust Ltd. For an insurer in particular, the usual bank ratios do not fit, so this page does not force them or estimate a series. The revenue, margin and ownership sections show what this company does report. ## Does Master Trust have too much debt? For a bank, borrowing is the raw material of the business, not a warning sign: it borrows money in order to lend it out. Its safety is read through its returns and its loans. Its safety is read from the bad-loan figures and the return on equity instead. For a manufacturer, debt is a claim on its profits. For a lender it is the stock it trades in, so the usual debt-to-equity test would mislead and is not used here. ## What is the Master Trust shareholding pattern? No group of Master Trust Ltd's owners changed its stake by a full percentage point over the last two years. Foreign institutions moved +0.2 points over the same period, to 0.3%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: −0.6 points over 8 quarters, to 71.9%; Foreign institutions: +0.2 points over 8 quarters, to 0.3%; Domestic institutions: +0.0 points over 8 quarters, to 0.0%. ## How far is Master Trust from balance-sheet trouble? For Master Trust Ltd, the Z-score is not used, because it was built for manufacturers, not lenders. For a lender, safety is read from its capital and bad-loan figures instead. ## How does Master Trust rank in its industry? 56.3 out of 100, rank 6 of 36 in Finance & Investments - Others, with 78% of the evidence available. Master Trust Ltd scores 56.3 out of 100 against the 36 companies it is compared with in Finance & Investments - Others, ranking 6. The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. The four parts add up to the total exactly: 15.5 + 19.7 + 15.2 + 5.9 = 56.3. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if ROA turns down or gross NPA rises while the share price lags its sector. ## Which companies is Master Trust compared with? Master Trust ranks 6 of 36 Finance & Investments - Others companies on the 4-Factor Sector Score, with 56.3 out of 100. 1. [Fedders Holding Ltd](https://www.sectoralpha.in/stocks/fedders-holding-ltd) FEDDERSHOL · leader · Most evidence points up · 78% evidence 72.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.5/35 · Income -6.4% · Profit 100% · 75% evidence Capital efficiency 18.1/25 · ROA 10.9% · ROE 11.6% · GNPA n/a · 72% evidence Valuation 11.8/20 · P/BV 1.56× · P/BV÷ROE 0.13 · 70% evidence Relative strength 18.5/20 · Lead over its industry 28.5% · Lead over NIFTY 500 29.3% · 1 year 7.2% · 100% evidence · 12 of 12 weeks ahead Exact sum: 24.5 + 18.1 + 11.8 + 18.5 = 72.9 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Abans Financial Services Ltd](https://www.sectoralpha.in/stocks/abans-financial-services-ltd) AFSL · breaking out · Too little evidence to rank firmly · 58% evidence 65.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.2/35 · Income 100% · Profit 17.9% · 45% evidence Capital efficiency 14.9/25 · ROA 3.4% · ROE 8.3% · GNPA n/a · 68% evidence Valuation 16.8/20 · P/BV 0.82× · P/BV÷ROE 0.1 · 100% evidence Relative strength 11.5/20 · Lead over its industry n/a · Lead over NIFTY 500 5% · 1 year 0.7% · 25% evidence · 4 of 12 weeks ahead Exact sum: 22.2 + 14.9 + 16.8 + 11.5 = 65.4 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 3. [Saraswati Commercial (India) Ltd](https://www.sectoralpha.in/stocks/saraswati-commercial-indialtd) ZSARACOM · quiet · Most evidence points up · 69% evidence 65.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.0/35 · Income 100% · Profit 100% · 75% evidence Capital efficiency 15.9/25 · ROA 7.6% · ROE 8.9% · GNPA n/a · 72% evidence Valuation 12.6/20 · P/BV 0.9× · P/BV÷ROE 0.1 · 100% evidence Relative strength 7.7/20 · Lead over its industry n/a · Lead over NIFTY 500 -14.7% · 1 year -26.4% · 25% evidence · 8 of 12 weeks ahead Exact sum: 29 + 15.9 + 12.6 + 7.7 = 65.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [CSL Finance Ltd](https://www.sectoralpha.in/stocks/csl-finance-ltd) CSLFINANCE · Evidence leans up · 76% evidence 64.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.2/43.75 · Income 19.7% · Profit 14.7% · 88% evidence Capital efficiency 28.0/31.25 · ROA 5.7% · ROE 14.9% · GNPA 0.9% · 100% evidence Valuation 14.7/25 · P/BV 0.79× · P/BV÷ROE 0.05 · 100% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 22.2 + 28 + 14.7 = 64.9 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 5. [Gretex Corporate Services Ltd](https://www.sectoralpha.in/stocks/gretex-corporate-services-ltd) GCSL · leader · Evidence leans up · 73% evidence 57.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.1/35 · Income -19.4% · Profit 100% · 45% evidence Capital efficiency 18.4/25 · ROA 10.9% · ROE 12.7% · GNPA n/a · 68% evidence Valuation 0.8/20 · P/BV 10.59× · P/BV÷ROE 0.83 · 100% evidence Relative strength 19.6/20 · Lead over its industry 80.3% · Lead over NIFTY 500 82.1% · 1 year 218% · 100% evidence · 12 of 12 weeks ahead Exact sum: 19.1 + 18.4 + 0.8 + 19.6 = 57.9 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 6. Master Trust Ltd this page MASTERTR · quiet · Evidence leans up · 78% evidence 56.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.5/35 · Income 7% · Profit 8.1% · 75% evidence Capital efficiency 19.7/25 · ROA 5.6% · ROE 17.3% · GNPA n/a · 72% evidence Valuation 15.2/20 · P/BV 1.14× · P/BV÷ROE 0.07 · 70% evidence Relative strength 5.9/20 · Lead over its industry -12.2% · Lead over NIFTY 500 -11.6% · 1 year -42.6% · 100% evidence · 5 of 12 weeks ahead Exact sum: 15.5 + 19.7 + 15.2 + 5.9 = 56.3 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 7. [Shardul Securities Ltd](https://www.sectoralpha.in/stocks/shardul-securities-ltd) SHARDUL · Too little evidence to rank firmly · 50% evidence 55.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.8/35 · Income 100% · Profit 100% · 54% evidence Capital efficiency 9.5/25 · ROA 2.3% · ROE -7.2% · GNPA n/a · 72% evidence Valuation 7.2/20 · P/BV 0.56× · P/BV÷ROE n/a · 40% evidence Relative strength 12.3/20 · Lead over its industry n/a · Lead over NIFTY 500 38.1% · 1 year n/a · 25% evidence Exact sum: 26.8 + 9.5 + 7.2 + 12.3 = 55.8 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 8. [Bengal & Assam Company Ltd](https://www.sectoralpha.in/stocks/bengal-assam-company-ltd) BENGALASM · quiet · Evidence leans up · 61% evidence 55.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.5/35 · Income 12.1% · Profit 3.4% · 55% evidence Capital efficiency 13.9/25 · ROA 2.2% · ROE 8.1% · GNPA n/a · 68% evidence Valuation 16.3/20 · P/BV 0.6× · P/BV÷ROE 0.07 · 100% evidence Relative strength 8.8/20 · Lead over its industry n/a · Lead over NIFTY 500 -6.5% · 1 year -27% · 25% evidence · 0 of 10 weeks ahead Exact sum: 16.5 + 13.9 + 16.3 + 8.8 = 55.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Dolat Algotech Ltd](https://www.sectoralpha.in/stocks/dolat-algotech-ltd) DOLATALGO · basing · Evidence leans up · 69% evidence 54.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.0/35 · Income -11.6% · Profit -21.2% · 75% evidence Capital efficiency 18.8/25 · ROA 8.5% · ROE 12.1% · GNPA n/a · 72% evidence Valuation 17.5/20 · P/BV 0.92× · P/BV÷ROE 0.08 · 100% evidence Relative strength 7.8/20 · Lead over its industry n/a · Lead over NIFTY 500 -14.4% · 1 year -23.4% · 25% evidence · 0 of 12 weeks ahead Exact sum: 10 + 18.8 + 17.5 + 7.8 = 54.1 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 10. [PTL Enterprises Ltd](https://www.sectoralpha.in/stocks/ptl-enterprises-ltd) PTL · turning · Evidence leans up · 84% evidence 53.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.4/35 · Income 0% · Profit 13.5% · 75% evidence Capital efficiency 14.8/25 · ROA 4.4% · ROE 5.5% · GNPA n/a · 72% evidence Valuation 8.0/20 · P/BV 0.61× · P/BV÷ROE 0.11 · 100% evidence Relative strength 11.2/20 · Lead over its industry 1.2% · Lead over NIFTY 500 2.5% · 1 year -4.7% · 100% evidence · 1 of 12 weeks ahead Exact sum: 19.4 + 14.8 + 8 + 11.2 = 53.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Balmer Lawrie Investment Ltd](https://www.sectoralpha.in/stocks/balmer-lawrie-investment-ltd) BLIL · quiet · Evidence leans up · 76% evidence 52.2 out of 100 Growth Capital Valuation Relative
12. [Mufin Green Finance Ltd](https://www.sectoralpha.in/stocks/mufin-green-finance-ltd) MUFIN · leader · Evidence leans up · 78% evidence 51.9 out of 100 Growth Capital Valuation Relative
13. [Finkurve Financial Services Ltd](https://www.sectoralpha.in/stocks/finkurve-financial-services-ltd) FINKURVE · breaking out · Evidence leans up · 63% evidence 50.6 out of 100 Growth Capital Valuation Relative
14. [Algoquant Fintech Ltd](https://www.sectoralpha.in/stocks/algoquant-fintech-ltd) ALGOQUANT · leader · Too little evidence to rank firmly · 52% evidence 50.6 out of 100 Growth Capital Valuation Relative
15. [BF Investment Ltd](https://www.sectoralpha.in/stocks/bf-investment-ltd) BFINVEST · quiet · Evidence leans up · 84% evidence 50.4 out of 100 Growth Capital Valuation Relative
16. [PNB Gilts Ltd](https://www.sectoralpha.in/stocks/pnb-gilts-ltd) PNBGILTS · basing · Evidence leans up · 62% evidence 50.1 out of 100 Growth Capital Valuation Relative
17. [PTC India Financial Services Ltd](https://www.sectoralpha.in/stocks/ptc-india-financial-services-ltd) PFS · quiet · Evidence leans down · 73% evidence 48.3 out of 100 Growth Capital Valuation Relative
18. [STEL Holdings Ltd](https://www.sectoralpha.in/stocks/stel-holdings-ltd) STEL · losing its lead · Evidence leans down · 69% evidence 48.1 out of 100 Growth Capital Valuation Relative
19. [Industrial & Prudential Investment Company Ltd](https://www.sectoralpha.in/stocks/industrial-prudential-investment-company-ltd) INDPRUD · quiet · Evidence leans down · 69% evidence 46.5 out of 100 Growth Capital Valuation Relative
20. [Consolidated Finvest & Holdings Ltd](https://www.sectoralpha.in/stocks/consolidated-finvest-holdings-ltd) CONSOFINVT · leader · Evidence leans down · 76% evidence 45.9 out of 100 Growth Capital Valuation Relative
21. [Prime Securities Ltd](https://www.sectoralpha.in/stocks/prime-securities-ltd) PRIMESECU · breaking out · Evidence leans down · 84% evidence 44.0 out of 100 Growth Capital Valuation Relative
22. [Crest Ventures Ltd](https://www.sectoralpha.in/stocks/crest-ventures-ltd) CREST · turning · Evidence leans down · 76% evidence 43.1 out of 100 Growth Capital Valuation Relative
23. [Authum Investment & Infrastructure Ltd](https://www.sectoralpha.in/stocks/authum-investment-infrastructure-ltd) AIIL · quiet · Evidence leans down · 76% evidence 42.5 out of 100 Growth Capital Valuation Relative
24. [The Investment Trust of India Ltd](https://www.sectoralpha.in/stocks/the-investment-trust-of-india-ltd) THEINVEST · Too little evidence to rank firmly · 53% evidence 40.8 out of 100 Growth Capital Valuation Relative
25. [Systematix Corporate Services Ltd](https://www.sectoralpha.in/stocks/systematix-corporate-services-ltd) SYSTMTXC · breaking out · Too little evidence to rank firmly · 52% evidence 40.1 out of 100 Growth Capital Valuation Relative
26. [VLS Finance Ltd](https://www.sectoralpha.in/stocks/vls-finance-ltd) VLSFINANCE · quiet · Too little evidence to rank firmly · 58% evidence 39.7 out of 100 Growth Capital Valuation Relative
27. [Nalwa Sons Investments Ltd](https://www.sectoralpha.in/stocks/nalwa-sons-investments-ltd) NSIL · quiet · Evidence leans down · 63% evidence 38.1 out of 100 Growth Capital Valuation Relative
28. [Dhunseri Investments Ltd](https://www.sectoralpha.in/stocks/dhunseri-investments-ltd) DHUNINV · losing its lead · Evidence leans down · 61% evidence 35.6 out of 100 Growth Capital Valuation Relative
29. [Kiran Vyapar Ltd](https://www.sectoralpha.in/stocks/kiran-vyapar-ltd) KIRANVYPAR · turning · Most evidence points down · 61% evidence 34.1 out of 100 Growth Capital Valuation Relative
30. [NBI Industrial Finance Company Ltd](https://www.sectoralpha.in/stocks/nbi-industrial-finance-company-ltd) NBIFIN · quiet · Most evidence points down · 75% evidence 33.3 out of 100 Growth Capital Valuation Relative
31. [Grand Oak Canyons Distillery Ltd](https://www.sectoralpha.in/stocks/grand-oak-canyons-distillery-ltd) GRANDOAK · basing · Most evidence points down · 73% evidence 30.3 out of 100 Growth Capital Valuation Relative
32. [Oswal Green Tech Ltd](https://www.sectoralpha.in/stocks/oswal-green-tech-ltd) OSWALGREEN · Too little evidence to rank firmly · 53% evidence 30.1 out of 100 Growth Capital Valuation Relative
33. [Ebix Ltd](https://www.sectoralpha.in/stocks/ebix-ltd) EBIX · Too little evidence to rank firmly · 12% evidence 49.8 out of 100 Growth Capital Valuation Relative
34. [Niyogin Fintech Ltd](https://www.sectoralpha.in/stocks/niyogin-fintech-ltd) breaking out · Too little evidence to rank firmly · 40% evidence 44.8 out of 100 Growth Capital Valuation Relative
35. [Spice Lounge Food Works Ltd](https://www.sectoralpha.in/stocks/spice-lounge-food-works-ltd) SPICELOUNG · Too little evidence to rank firmly · 29% evidence 43.9 out of 100 Growth Capital Valuation Relative
36. [Capital India Finance Ltd](https://www.sectoralpha.in/stocks/capital-india-finance-ltd) CIFL · quiet · Too little evidence to rank firmly · 48% evidence 43.2 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Finance & Investments - Others](https://www.sectoralpha.in/sectors/finance-investments-others), all 36 compared on one page. ## Which companies are close to Master Trust in size? Master Trust is the 23rd largest of 36 Finance & Investments - Others companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Saraswati Commercial (India), Prime Securities and STEL Holdings. Just below it: Finkurve Financial Services, Capital India Finance and VLS Finance. ### Finance & Investments - Others companies close in size

1. [Saraswati Commercial (India) Ltd](https://www.sectoralpha.in/stocks/saraswati-commercial-indialtd) ₹991 crore
2. [Prime Securities Ltd](https://www.sectoralpha.in/stocks/prime-securities-ltd) ₹981 crore
3. [STEL Holdings Ltd](https://www.sectoralpha.in/stocks/stel-holdings-ltd) ₹935 crore
4. Master Trust Ltd ₹930 crore
5. [Finkurve Financial Services Ltd](https://www.sectoralpha.in/stocks/finkurve-financial-services-ltd) ₹876 crore
6. [Capital India Finance Ltd](https://www.sectoralpha.in/stocks/capital-india-finance-ltd) ₹701 crore
7. [VLS Finance Ltd](https://www.sectoralpha.in/stocks/vls-finance-ltd) ₹666 crore

[All 36 Finance & Investments - Others companies, largest first](https://www.sectoralpha.in/sectors/finance-investments-others#all-companies)

### Companies close in size in other industries

1. [SRM Contractors Ltd](https://www.sectoralpha.in/stocks/srm-contractors-ltd) ₹932 crore · Construction - Civil/Turnkey
2. [Tankup Engineers Ltd](https://www.sectoralpha.in/stocks/tankup-engineers-ltd) ₹931 crore · Engineering - Light - General
3. Master Trust Ltd ₹930 crore
4. [Onida Electronics Ltd](https://www.sectoralpha.in/stocks/onida-electronics-ltd) ₹929 crore · Consumer Electronics
5. [Sathlokhar Synergys E&C Global Ltd](https://www.sectoralpha.in/stocks/sathlokhar-synergys-e-c-global-ltd) ₹929 crore · Construction - Civil/Turnkey

## What else do people ask about Master Trust? ### What is Master Trust's share price today? Master Trust Ltd's share price is ₹78.44, −40.2% over the past year. The whole company is worth ₹965 Cr on the market. In the last 52 weeks it traded between ₹59 to ₹128; today it is 28% of the way up from the low, 12.6% below its 200-day average (as of 3 November 2026). ### What were Master Trust's latest quarterly results? Master Trust Ltd reported total income of ₹150 Cr and net profit of ₹35.0 Cr for the Jun 2026 quarter. Income rose 13.6% and profit rose 29.6% compared with a year earlier. Earnings per share were ₹2.82. The net margin was 23.3%, 2.8 percentage points higher than a year earlier (as of 3 November 2026). ### What is Master Trust's market cap? Master Trust Ltd's market capitalisation is ₹965 Cr at a share price of ₹78.44. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Master Trust performing? Master Trust Ltd's share price has been falling for 54 weeks. In its latest quarter, income rose 13.6% and profit rose 29.6% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 1 week running (as of 3 November 2026). ### Will Master Trust's share price go up? This page does not forecast Master Trust Ltd's share price. What it shows instead: the share price is ₹78.44, and it has been falling for 54 weeks. Its P/BV of 1.2× is higher than 63% of its own last 11 years (as of 3 November 2026). ### Who owns Master Trust? Promoters own 71.9% of Master Trust Ltd, foreign institutions 0.3%, domestic institutions 0.0% and the public 27.8% (latest quarter). No group of owners changed its stake by a full point over the last two years (as of 3 November 2026). ### Where is Master Trust in its business cycle? Master Trust Ltd's FY26 net margin was 21.9%, against a 13-year range of 3.8% to 22.4%: the middle of its own range, neither a peak nor a low. The latest quarter was 23.3%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Master Trust story? The main question: yearly earnings per share moved −12.4% while the share price moved −40.2%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Master Trust a stock worth studying right now? What the numbers show: Master Trust Ltd's share price has fallen more than its earnings. Earnings per share fell 12.4% in a year while the price moved −40.2%. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Master Trust share price forecast for 2026? What management itself guided: Current quarter expected to deliver reasonable on the previous quarter and on a year earlier profit and profit before tax growth despite regulatory volume pressure. ## Lists

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